Centura Health Corporation

Organization Overview

Centura Health Corporation is located in Centennial, CO. The organization was established in 1996. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Centura Health Corporation employed 5,083 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centura Health Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Centura Health Corporation generated $478.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $477.5m during the year ending 06/2020. While expenses have increased by 4.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Centura Health Corporation has awarded 62 individual grants totaling $1,978,221. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

CENTURA HEALTH CORPORATION, A FAITH-BASED ORGANIZATION, INVESTS IN CHARITY CARE, COMMUNITY PROGRAMS AND SPONSORSHIPS DESIGNED TO NURTURE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES IT SERVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH A JOINT OPERATING AGREEMENT BETWEEN COMMONSPIRIT HEALTH F/K/A CATHOLIC HEALTH INITIATIVES AND ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP (ADVENTIST HEALTH SYSTEM N/K/A ADVENTHEALTH), CENTURA HEALTH CORPORATION (CHC) PROVIDES MANAGEMENT SERVICES TO 17 ACUTE HOSPITAL CAMPUSES, ALONG WITH NUMEROUS PHYSICIAN PRACTICES AND CLINICS. CHC ALSO PROVIDES MANAGEMENT SERVICES TO HOME CARE, RESIDENTIAL, ASSISTED LIVING, LONG-TERM AND HOSPICE SERVICES. CHC WAS CREATED TO ESTABLISH AN INTEGRATED HEALTH DELIVERY SYSTEM ACROSS COLORADO AND WESTERN KANSAS, WITH ONE VERY IMPORTANT VISION - TO PROVIDE WHOLE PERSON CARE TO EVERY COMMUNITY, EVERY NEIGHBORHOOD, EVERY LIFE. THE FACILITIES OPERATED BY CHC ARE SPONSORED BY ADVENTHEALTH AND COMMONSPIRIT HEALTH, BOTH OF WHICH ARE RELIGIOUS, NONPROFIT HEALTH SYSTEMS. AN ECOSYSTEM OF CONNECTED PEOPLE, SERVICES AND CARE SITES, CHC HAS CREATED A COMMON INFORMATION TECHNOLOGY PLATFORM THAT ALLOWS GREATER EFFICIENCIES AND SHARING OF INFORMATION ACROSS CHC FACILITIES. THIS RESULTS IN AN IMPROVEMENT IN HEALTH CARE DELIVERY REGARDLESS OF WHETHER THE PATIENT IS IN A RURAL OR URBAN AREA SERVED BY CENTURA FACILITIES. CHC PROVIDES DIRECT BENEFIT TO THE COMMUNITY THROUGH VARIOUS INITIATIVES. FROM ACCESS FOR THE UNINSURED, TO COMMUNITY CLASSES AND EDUCATION, CHC WORKS DILIGENTLY TO COORDINATE AND FACILITATE THE COMMUNITY BENEFIT ACTIVITIES OF ITS FACILITIES AND ENTITIES. CHC IS PASSIONATELY RESPONDING TO THE ONGOING NEEDS OF ITS NEIGHBORS, PATIENTS AND COMMUNITIES TO BUILD WHOLE PERSON CARE AND HEALTHY COMMUNITIES. SOME EXAMPLES OF THE SERVICES THE HEALTH SYSTEM PROVIDES INCLUDE THE FOLLOWING: ASK-A-NURSE CALL CENTER, A FREE COMMUNITY SERVICE FOR ALL COLORADOANS WITH A DIRECT LINK TO EXPERIENCED NURSES PROVIDING HANDS-ON CARE, INCLUDING CLASS SCHEDULING AND SYMPTOM CHECKER; OUR TWO HEALTH SETS (SERVICE, EMPOWERMENT, TRANSFORMATION) IN COLORADO SPRINGS AND DENVER WORKING TO INCREASE ACCESS TO SERVICES FOR THE UNINSURED AND UNDERINSURED; AND OUR PASTORAL NURSE PROGRAM HELPING TO MEET THE NEEDS OF OUR COMMUNITY'S HOMELESS. THROUGH A MULTITUDE OF EDUCATION PROGRAMS, PREVENTIVE CARE AND SAFETY INITIATIVES, HEALTH ADVOCACY, COUNSELING AND SUPPORT GROUPS, THE FACILITIES AND ENTITIES THAT FORM CHC ARE COMMITTED TO EXTENDING ITS MISSION TO SERVE ALL INDIVIDUALS THROUGHOUT ITS HOSPITALS, PHYSICIAN PRACTICES AND CLINICS, URGENT CARE AND EMERGENCY CENTERS, AND MORE. THE COST SAVINGS REALIZED BY THIS COORDINATED COMMUNITY BENEFIT MODEL ENABLES CENTURA FACILITIES AND ENTITIES TO DEDICATE ADDITIONAL RESOURCES TO PROVIDE HIGH-QUALITY HEALTH CARE AND COMMUNITY OUTREACH SERVICES TO THE MOST VULNERABLE MEMBERS OF SOCIETY.


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Board, Officers & Key Employees

Name (title)Compensation
Banko Peter
Board Member/pres/ceo
$2,612,162
Dean Morre
SVP Chief Integration
$2,398,620
Sim Edward
Exec Vp/coo
$1,624,861
Gessel Thomas
Group Pres/ceo
$1,530,161
Enderson Dan
Treas/cfo/svp(end 2/21)/group Pres(beg 3/21)
$1,345,898
Bacon Kenneth
Group Pres(end 2/21)/board Mbr(beg 3/21)
$1,326,972

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Huge Llc
Marketing & Design Services
$7,535,597
G & G Organization
Collection Services
$5,039,048
Surgio Llc
Digital Health Mgmt Consulting Services
$1,858,088
Aspirion
Legal, Collection & Consulting Services
$1,742,249
Shields Health Solutions Holdi
Specialty Pharmacy Consulting Services
$1,443,608
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$331,840
Investment income $1,553,523
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $101,517
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $478,768,711

Grants Awarded

Over the last fiscal year, Centura Health Corporation has awarded $851,701 in support to 19 organizations.

Grant RecipientAmount

AMERICAN HEART ASSOCIATION INC

Org PageRecipient Profile

Dallas, TX

PURPOSE: General Support

$200,000

METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC

Org PageRecipient Profile

Denver, CO

PURPOSE: General Support

$170,000

THE COLORADO COLLEGE

Org PageRecipient Profile

Colorado Springs, CO

PURPOSE: General Support

$100,000

Denver, CO

PURPOSE: General Support

$84,000

ONWARD A LEGACY FOUNDATION

Org PageRecipient Profile

Cortez, CO

PURPOSE: General Support

$68,431

FORT LEWIS COLLEGE

PURPOSE: General Support

$40,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Centura Health Corporation has recieved totaling $849,981.

Awarding OrganizationAmount
Colorado Hospital Association

Greenwood Village, CO

PURPOSE: Support Organization

$394,520
Colorado Hospital Association

Greenwood Village, CO

PURPOSE: Support Organization

$394,520
Commonspirit Health Research Institute

Englewood, CO

PURPOSE: PROGRAM SERVICES

$60,941
View Grant Recipient Profile

Peer Organizations

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